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The Practical Lawyer Private and Public Companies in India: A comparative analysis Private and Public Companies in India: A comparative analysis BY Aishwarya Padmanabhan* Cite as: (2011) PL January

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What is private and public companies?

Private companies are owned and operated by a small group of individuals or a single entity, while public companies are owned by shareholders and their shares are traded on a public stock exchange.

Who is required to file private and public companies?

Private companies are required to file their financial statements with the relevant authorities in the country they operate in. Public companies are also required to file their financial statements with the relevant authorities, as well as disclose information to their shareholders and the general public.

How to fill out private and public companies?

Private companies can fill out their financial statements with the help of an accountant or financial advisor. Public companies must follow strict guidelines set by regulatory bodies and may require the assistance of legal and financial professionals.

What is the purpose of private and public companies?

The purpose of private companies is to generate profit for their owners, while public companies aim to raise capital by selling shares to the public and grow their business.

What information must be reported on private and public companies?

Both private and public companies must report their financial performance, including revenue, expenses, assets, and liabilities. Public companies must also disclose information about their corporate governance, executive compensation, and shareholder relations.

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